Int’l Auto Show Opens In Sofia

SOFIA, Jun 4 (NNN-AGENCIES) – The 25th edition of the international Sofia Motor Show, the largest car exhibition in Bulgaria, kicked off here yesterday. As many as 189 vehicles from 32 car brands will be on show during the ten-day event, which is included in the calendar of the International…

Iraq To Raise Daily Oil Output To 4.58 Million Barrels

BAGHDAD, Jun 4 (NNN-NINA) – Iraq said yesterday that, its oil production would reach 4.58 million barrels per day (bpd) in July and Aug. The latest increase came, after the Organisation of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, agreed on significant oil output…

Uzbekistan, Tajikistan Sign Historic Declaration To Strengthen Ties

TASHKENT, Jun 4 (NNN-XINHUA) – Uzbekistan’s President, Shavkat Mirziyoyev, and visiting Tajik President, Emomali Rahmon, signed in the Uzbek capital yesterday, “a historic” declaration on strengthening friendship and alliance, the Uzbek president’s press service said. The presidents of the two neighbouring Central Asian states also inked a number of documents,…

Arab Ministers Agree To Set Up Action Plan For Crisis-Ridden Lebanon

BEIRUT, Jun 4 (NNN-NNA) – The Council of Arab Ministers for Social Affairs (CAMSA), yesterday agreed to set up an action plan, with a specific timetable, to assist Lebanon tiding through the current socio-economic crisis, said the Lebanese Minister of Social Affairs, Hector Hajjar. “All concerned parties from the Lebanese…

Iranian UN Ambassador Slams U.S. Sanctions As “War” On Iranian People

TEHRAN, Jun 4 (NNN-IRNA) – Iran’s permanent representative to the United Nations, Majid Takht-Ravanchi, said, the United States has waged a “war” on Iranian civilians, by imposing sanctions, Iranian state TV reported yesterday. “Unilateral coercive measures are employed by certain states, as a method of war to starve innocent civilians.…

Sri Lankan President Instructs Officials To Maintain Adequate Stocks Of Essential Items

COLOMBO, Jun 4 (NNN-XINHUA) – Sri Lankan President, Gotabaya Rajapaksa, instructed officials to maintain adequate stocks of all essential food items, to prevent a shortage of goods, the president’s media division announced yesterday. The president pointed out that, it could prevent the organised efforts of some businessmen, to increase prices…

Some 2,000 Laotians Working In Malaysia Illegally: Report

VIENTIANE, Jun 3 (NNN-KPL) – It is estimated that about 2,000 Lao nationals are currently working in Malaysia illegally, and the Lao authorities plan to work with the Malaysian side to have these groups of people registered and work legally, local daily Vientiane Times reported. Director General of the Department…

Argentine Gov’t Confident To Meet IMF Targets For Second Review

BUENOS AIRES, Jun 3 (NNN-TELAM) – The Argentine government has “no doubt” that it will meet the targets agreed upon with the International Monetary Fund (IMF), for its second technical review, Argentine presidential spokesperson, Gabriela Cerruti, said yesterday. “The first review is going very well despite all the doomsayers,” she…

COVID-19 accelerates Southeast Asia’s transition towards a cashless society — study

By Linda Khoo Hui Li BANGKOK, June 3 (NNN-Bernama) — The COVID-19 pandemic has accelerated Southeast Asia’s transition towards a cashless society, while eCommerce continues to grow as consumers explore new shopping channels during the pandemic, according to the latest Visa Consumer Payment Attitudes Study. The report also stated 93…

Malaysian ringgit to strengthen against US dollar by year-end, says economist

KUALA LUMPUR, June 3 (Bernama) — The Malaysian ringgit is expected to strengthen to the RM4.25 level against the US dollar by the end of the year amid Malaysia’s strong economic fundamentals. AmBank Group chief economist and Economic Action Council secretary Dr Anthony Dass said economic data is indicating that…
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